• EURJPY reversed from strong resistance level 148.50
• Likely to fall to support level 146.60
EURJPY currency pair recently reversed down from the multi-month resistance level 148.50 (which stopped the previous impulse wave (A) in October).
The resistance level 148.50 was further strengthened by the upper daily Bollinger Band.
Given the strength of the resistance level 148.50 and the overbought daily Stochastic, EURJPY currency pair can be expected to fall further toward the next support level 146.60 (low of the previous correction (ii)).
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
This website uses cookies